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How Much Did BuiltByBiTS Raise?
Funding & Key Investors

Buffalo Intelligent Technology Systems, also known as BuiltByBiTS, has secured $484K in total funding, with its most recent capital injection amounting to $334K. This major strategic investment, announced on January 21, 2021, signifies a significant milestone for the company, which is currently in a large-scale late-stage funding phase. The company's financial trajectory indicates a strong push towards scaling operations and market expansion.

What is BuiltByBiTS?

BuiltByBiTS
Business ServicesSoftware Testing

Headquartered in Buffalo, New York, BuiltByBiTS specializes in providing comprehensive technology solutions. Their offerings encompass website development and custom software creation, alongside a diverse portfolio of medical and transportation technologies. Key products include automated eligibility verification systems, advanced transportation management solutions, and efficient medical billing software. The company's strategic focus appears to be on leveraging technology to streamline operations within critical sectors like healthcare and logistics.

How much funding has BuiltByBiTS raised?

BuiltByBiTS has raised a total of $484K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$334K

Debt (2020): $150K with participation from PPP

Debt (2021): $334K led by PPP

Key Investors in BuiltByBiTS

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for BuiltByBiTS?

With the recent influx of capital and its late-stage funding context, BuiltByBiTS is poised for accelerated growth. The strategic investment suggests confidence from backers in the company's market position and future potential. Expect BuiltByBiTS to focus on expanding its service offerings, enhancing its technological infrastructure, and potentially increasing its market penetration in both the medical and transportation technology sectors. This financing round will likely fuel further innovation and operational scaling.

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Frequently Asked Questions Regarding BuiltByBiTS Financial Insights

What are the most recent funding rounds that BuiltByBiTS has completed, and what were the funding rounds?
BuiltByBiTS has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 6, 2020. What is the total amount of funding BuiltByBiTS has raised to date?
BuiltByBiTS has raised a total of $484K in funding to date. How many funding rounds has BuiltByBiTS completed?
BuiltByBiTS has completed 2 funding rounds. How much funding did BuiltByBiTS raise in its most recent funding round?
BuiltByBiTS raised $334K in its most recent funding round. Who are the lead investors in BuiltByBiTS's latest funding round?
The lead investor in BuiltByBiTS's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in BuiltByBiTS's history?
The largest funding round in BuiltByBiTS's history was $334K.
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